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Trustee Checklist

, • POSTED ON: April 26, 2019

Picking the right Trustee is integral to ensuring your plan works as intended. After all, your trustee is the “quarterback” of your trust. Make sure your trustee checks all the boxes and discuss your selection with your attorney as other considerations may come into play depending on your planning goals. 

Does your trustee check all the boxes? 

  • Good Judgment
  • Over 18 Years Old
  • Trustworthy
  • Capable of Separating Own Beliefs v. the Best Interest of the Beneficiaries
  • Diligent
  • Good with Money (or Capable of Working with Someone Who Is)
  • Able to Communicate Harmoniously with Beneficiaries
  • Proactive
  • Organized
  • Able to Address and Handle Disputes
  • Timely
  • Good with Paperwork
  • Willing to Obtain and Rely on Professional Legal Advice
  • Willing to Obtain and Rely on Professional Financial Advice
  • Agreed to Serve (YES—DO NOT SURPRISE SOMEONE)
  • Level Headed
  • Able to Follow Trust Terms That They Do Not Agree With

Be informed.

This is not what you do every day. It is what we do. Let us help provide the resources you need to make an informed decision.

 

Get Educated

Begin.

We’re ready to start this journey with you.
Contact us to schedule a consultation.

 

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